Q. I’m not sure I’m tracking with the explanations of how part-time employment impacts retirement. I plan to retire at age 62 with 10 years of government service. I may have an opportunity to forego retirement and work three days per week with the same agency. If I choose to accept that offer, how will it impact my retirement?
Q. I left government service in 1981 and withdrew my retirement funds. I then re-entered government in 1991 under CSRS and retired in 2009. I am paying back the withdrawn funds every month out of my annuity. How long will they take out these funds from my retirement? It will be 10 years in January 2019. I have been told by others that it will be 10 years, then the money will be put toward my retirement annuity.
Q. I’m a CSRS retiree and am thinking about returning to civil service. I’m 63 years old and am uncertain how re-employment will affect my retirement and health benefits. Will I lose all of my retirement benefits? Will I have to relinquish my health benefit and select another health insurance coverage?
Q. What impact does USERRA have on the high-3 calculation? For instance, please consider a hypothetical situation in which a civilian employee/military reservist earned annual income from his civilian federal agency of $96,000 one year, then $98,000 the next and then is making $100,000 when called to active duty at the end of the next year. He is activated for two years, during which time the GS scale gets annual 3 percent increases across the board. He comes back and works a final year, pays his military deposit, then retires after another 3 percent increase gives him an entire year…
Q. I am a FERS employee who retired on a VERA. I was rehired five years later. My pension is subtracted from my pay. When I retire again, will all of my money be considered or just what I receive minus the pension?
Q. I resigned from the United States Postal Service in 1999 after 12 years of service and received a refund of my retirement contributions. If I get hired on to the USPS again, will I be able to buy back my time like the military candidates? I haven’t been able to find any information regarding this situation, only what pertains to the military.
Q. I retired with 30-plus years of federal government service. If I accepted a job with the U.S. Postal Service, will my retirement continue? I’m curious because the Postal Service branched off from the rest of the civil service agencies. A. Yes, your annuity would continue. However, the salary of your new position would be reduced by the amount of your annuity. While the U.S. Postal Service is an independent agency of the federal government, all its employees are covered by the same retirement system as other government agencies.